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How to buy IRCTC (IRCTC) shares
Learn how to easily invest in IRCTC shares.
Indian Railway Catering And Tourism Corporation Limited is a railroads business based in India. IRCTC shares (IRCTC) are listed on the NSE and all prices are listed in Indian Rupee. IRCTC employs 1,363 staff and has a trailing 12-month revenue of around INR32.7 billion.
How to buy shares in IRCTC from India
- Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
- Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
- Search for IRCTC. Find the stock by name or ticker symbol: IRCTC. Research its history to confirm it's a solid investment against your financial goals.
- Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until IRCTC reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
- Decide on how many to buy. At last close price of INRINR605.15, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of IRCTC, depending on your broker.
- Check in on your investment. Congratulations, you own a part of IRCTC. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.
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Is it a good time to buy IRCTC stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
IRCTC shares at a glance
|Latest market close||INR605.15|
|52-week range||INR552.73 - INR834.50|
|50-day moving average||INR625.96|
|200-day moving average||INR666.40|
|Wall St. target price||INR591.17|
|Dividend yield||INR5 (0.83%)|
|Earnings per share (TTM)||INR11.65|
IRCTC stock price (NSE:IRCTC)Use our graph to track the performance of IRCTC stocks over time.
IRCTC price performance over time
Historical closes compared with the close of INR605.15 from 2023-03-23
|1 week (2023-03-17)||-1.06%|
|1 month (2023-02-24)||-0.44%|
|3 months (2022-12-23)||-0.35%|
|6 months (2022-09-23)||-11.76%|
|1 year (2022-03-24)||-21.66%|
|2 years (2021-03-24)||-65.63%|
|3 years (2020-03-24)||858.3|
|5 years (2018-03-20)||N/A|
Is IRCTC stock undervalued or overvalued?
Valuing IRCTC stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of IRCTC's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
IRCTC's P/E ratio
IRCTC's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 52x. In other words, IRCTC shares trade at around 52x recent earnings.
IRCTC's EBITDA (earnings before interest, taxes, depreciation and amortisation) is INR12 billion.
The EBITDA is a measure of a IRCTC's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||INR32.7 billion|
|Operating margin TTM||35.89%|
|Gross profit TTM||INR9.9 billion|
|Return on assets TTM||17.77%|
|Return on equity TTM||46.23%|
|Market capitalisation||INR484.1 billion|
TTM: trailing 12 months
IRCTC share dividends
Dividend payout ratio: 42.52% of net profits
Recently IRCTC has paid out, on average, around 42.52% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0.83% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), IRCTC shareholders could enjoy a 0.83% return on their shares, in the form of dividend payments. In IRCTC's case, that would currently equate to about INR5 per share.
While IRCTC's payout ratio might seem fairly standard, it's worth remembering that IRCTC may be investing much of the rest of its net profits in future growth.
The latest dividend was paid out to all shareholders who bought their shares by 22 February 2023 (the "ex-dividend date").
Have IRCTC's shares ever split?
IRCTC's shares were split on a 5:1 basis on 28 October 2021. So if you had owned 1 share the day before before the split, the next day you'd have owned 5 shares. This wouldn't directly have changed the overall worth of your IRCTC shares – just the quantity. However, indirectly, the new 80% lower share price could have impacted the market appetite for IRCTC shares which in turn could have impacted IRCTC's share price.
IRCTC share price volatility
Over the last 12 months, IRCTC's shares have ranged in value from as little as INR552.7258 up to INR834.4973. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NSE average) beta is 1, while IRCTC's is 0.516. This would suggest that IRCTC's shares are less volatile than average (for this exchange).
Indian Railway Catering & Tourism Corporation Limited provides catering and hospitality, Internet ticketing, travel and tourism, and packaged drinking water services in India. It operates through five segments: Catering, Railneer, Tourism & Train Operation, State Teertha, and Internet Ticketing. The company offers mobile catering services, including Rajdhani, Shatabdi and Duronto; mail express, train side vending, Gatiman, and Tejas and Vande Bharat; e-catering; and other catering services, such as food plaza, fast food units, refreshment rooms, Jan Ahaars, cell kitchen, base kitchen, executive lounges, retiring rooms, RYN/BNR hotels, and non-railway catering. In addition, the company offers tourism products and services comprising domestic tour packages, inbound tourist targeted tours, mass tourism, outbound tour packages, and air ticket and corporate travel; and other tourism activities, such as event management, booking of charter trains and coaches, hill and heritage charters, saloon tours and charters, online reservation and accommodation facilities, and adventure tourism. Further, it offers packaged drinking water under the Rail Neer name; and train ticket booking and travel insurance services, as well as operates irctctourism. com, a tourism portal. The company was incorporated in 1999 and is based in New Delhi, India.
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